Welcome

The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy. Meanwhile, USA must correct debt and raise the interest rates. Raising the interest rates in the USA and dropping them in Europe, recovers the European domestic demand and EE.UU may return to invest in Europe, with a stronger dollar, without any problem, generating hundreds of thousands of Jobs

WASHINGTON (MarketWatch)The nation's banks eased restrictions on business
and consumer lending again in the second quarter and saw stronger demand in many
loan categories, the Federal Reserve saidAccording to the most recent
survey of senior bank loan officers at American banks and foreign branches in
the United States, in the last three months, 13% of those questioned had
established easier conditions on business loans to large and medium sized firms
and 7% on small firmsFor the second straight quarter, banks said they eased
lending standards for "prime" or low-risk mortgagesBut it is still hard for a
borrower with damaged credit history to get a home loanStandards were also
relaxed on auto loans and credit cards. Demand for mortgages, home equity loans,
and credit cards increased in the second quarter

Publicado por
El Genio

Me Gusta

1 comentario:

WASHINGTON (MarketWatch) -- President Barack Obama is calling on Congress to move forward with legislation to reform the country's housing-finance system by increasing the role of private capital, cutting taxpayers' risks, and winding down federally controlled mortgage buyers Fannie Mae /quotes/zigman/226360/quotes/nls/fnma FNMA +14.74% and Freddie Mac /quotes/zigman/226335/quotes/nls/fmcc FMCC +13.10% . On Tuesday Obama will speak in Phoenix, a city hit hard when the housing-bubble burst and where prices are 41% below a 2006 peak, despite recent price gains. The president's push echoes aspects of a bill that was recently introduced by a bipartisan group of senators. Obama is also calling for Congress to confirm Rep. Mel Watt, a Democrat from North Carolina, as leader of Fannie and Freddie's regulator. In addition, Obama supports expanding eligibility for a government refinancing program, increasing affordable rentals and improving clarity on mortgage rules, among other actions. On Wednesday, Obama will participate in a question-and-answer housing event, hosted by real estate site Zillow /quotes/zigman/5930210/quotes/nls/z Z +3.85%